GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naples Soap Co Inc (OTCPK:NASO) » Definitions » Accounts Receivable

Naples Soap Co (Naples Soap Co) Accounts Receivable : $0.02 Mil (As of Jun. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Naples Soap Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Naples Soap Co's accounts receivables for the quarter that ended in Jun. 2023 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Naples Soap Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 0.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Naples Soap Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.00.


Naples Soap Co Accounts Receivable Historical Data

The historical data trend for Naples Soap Co's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Naples Soap Co Accounts Receivable Chart

Naples Soap Co Annual Data
Trend
Accounts Receivable

Naples Soap Co Semi-Annual Data
Jun22 Jun23
Accounts Receivable - 0.02

Naples Soap Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Naples Soap Co Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Naples Soap Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.02/5.618*91
=0.65

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Naples Soap Co's accounts receivable are only considered to be worth 75% of book value:

Naples Soap Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.102+0.75 * 0.02+0.5 * 0.728-7.355
-0-0)/1490.47
=-0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Naples Soap Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Naples Soap Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Naples Soap Co (Naples Soap Co) Business Description

Traded in Other Exchanges
N/A
Address
14601 Jetport Loop, Suite 180, Fort Myers, FL, USA, 33913
Naples Soap Co Inc is a health and wellness brand that offers personal care products including soap, hair, face, and skincare products through its own brick and mortar retail stores and website, national and boutique re-sellers, and online marketplaces including Amazon and Faire.

Naples Soap Co (Naples Soap Co) Headlines

No Headlines